A manufacturer reports the following: Direct Materials $12.00 per unit Direct Labor 28.00 per unit Variable Overhead 10.00 per unit Fixed Overhead 15.00 per unit The company has a 30% target markup for pricing. The target selling price under absorption costing would be: O None of these are correct. O $62.00 0 $52.00 O $85.70 O $84.50 Dashboard Goldenrod Vista is a hotel with 250 suites. Its regular suite price is $400 per night. The hotel's cost per night is $240 per night and consists of: Variable Cost $165 Fixed Cost 75 Total cost per night per $240 suite The hotel manager receives an offer to host a wedding reception with many of the guests staying overnight at the hotel afterwards. The wedding is in April, one of the hotel's slowest months with an occupancy rate of about 50%. The wedding would reserve 10 suites for one night if the hotel accepts a price of $175 per room. Which of the following captures the correct decision in this scenario? Accept the offer, contribution margin is $100.00 Reject the offer, contribution margin is (5650.00) Reject the offer, gross profit is ($650.00) Accept the offer, gross profit is $100.00